Delta Capital launches Tema branch


Delta Capital, one of the fastest growing microfinance companies, has opened its new branch at Tema in a bid to serve its customers better.

Speaking at the launch, CEO of Delta Capital, Samuel Asiedu, said: “The establishment of Tema branch is in line with our corporate vision to bring our services to the door step of clients, and to grow our asset and operational base whilst creating jobs to compliment government’s effort to reduce unemployment.

Tema is an industrial hub of Ghana. It has huge business prospect and provides business opportunities for our company. As we commence business in the city, we pledge to provide excellent and ethical financial services to residents of Tema and its surroundings,” he said.

Delta Capital have among their products, fund management, corporate finance, and investment advisory service. It also undertakes research and due diligence reviews for corporate bodies. It is licensed by the National Pensions Regulatory Authority (NPRA) to manage pension funds.

The company has increased its asset under management from Gh₵2 million in our first year of operation to well over Gh₵50 Million by the end of the third quarter of this year.

This, Mr. Asiedu said, is a result of efficient management and dedicated workforce.

“We have maintained an average client retention rate of 90%. All these have been achieved because we have a team of dedicated and hardworking staff, committed to providing excellent financial solutions to our cherished clients,” he said.

He added the company welcomes the decision by Securities and Exchange Commission to increase the minimum capital requirement of market operators as it will strengthen the industry’s capacity to undertake bigger transactions.

He, however, urged the regulator to consider allowing counterparty transactions between and among market operators, as he argues it will help strengthen the capital market. l Ghana

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